[May 12, 2010]

Network World Selects Symplified as Cloud Company to Watch

Symplified, the Cloud security company, today announced that it was singled out as a Cloud Company to Watch by Network World (News - Alert) Magazine, a premier publication for network and IT executives. Network World surveyed the large landscape of cloud computing vendors and selected 15 companies that are "offering ways to make the transition to a cloud-based world less daunting." The full report is available at http://www.networkworld.com/supp/2010/ndc3/051010-ndc-cloud-companies.html.

Symplified was cited for the innovative way that its SinglePoint platform uses the cloud to extend existing 'inside the firewall' security policies and administration to cloud applications and data. In addition, SinglePoint maintains usage audit data required to demonstrate compliance with regulatory mandates including PCI (News - Alert) DSS, Sarbanes Oxley, HIPAA, and others.

According to Beth Schultz, Editor of Network World's Signature Series, "Symplified addresses some of an enterprise's weightiest concerns about using cloud services, including the ability to determine who has access to SaaS applications, deactivate user accounts easily, scale out user access as needed, and manage user identities and policies from a central point."

"We are honored to be recognized as one of Network World's 15 companies to watch in the cloud computing market," said Eric Olden, CEO of Symplified. "Our focus on providing a unified identity and access management fabric for the cloud is helping to accelerate this decade's most important computing revolution. SinglePoint is unique for its ability to provide cloud security as a 'dial tone' using an on-demand cloud service that doesn't require complex software installation, coding, or costly system integration. Meanwhile, our pay-as-you-go business model makes unified access management accessible for the first time to mid-market enterprises that could never afford the million dollar plus cost of traditional on-premise access management products."

More organizations than ever are moving to the cloud to take advantage of cost-savings and universal, anytime-anywhere access. Unlike traditional software that is owned and operated by the company that uses it, cloud applications are outside the control of internal IT departments. Symplified is the first company to enable IT to centrally manage and enforce the entire range of identity and access management security - including access control, authentication, federated SSO, auditing and provisioning - on cloud assets. Symplified SinglePoint leverages the proven cloud architecture of proxies and offers a pre-integrated hub of applications from Salesforce.com, Google, Taleo, Concur, Amazon EC2 and many others. It can be used to secure software as a service (SaaS (News - Alert)), and increasingly infrastructure as a service (IaaS), applications.

About Symplified | The Cloud Security Company

Symplified provides the Trust Fabric of the Cloud by enabling companies to extend and enforce IT security policies for access control, authentication, single sign-on administration/provisioning of users, and auditing, to cloud applications. Symplified's founding management team also created Securant and the ClearTrust product, which pioneered the market for Web access management, provisioning and federation. Securant was acquired by RSA (News - Alert) Security for $140M. Symplified is backed by leading institutional venture capital firms Granite Ventures and Allegis Capital. Symplified is headquartered in Boulder, Colo., with offices in Palo Alto (News - Alert), Calif. Visit us on the web at www.symplified.com.

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